Commercial crude oil stocks are seen down by 700,000 barrels at 432.9 million barrels for the week ended March 28, according to the average estimate of nine analysts and traders. Six expect a drop and ...

The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth ...

An insider source recently revealed that the Naira-for-Crude initiative is likely to resume as meetings between the Dangote ...

The continuous shortage of crude oil has significantly impeded investments in the building and full-scale operations of seven ...

DK's diversified business model and refining strength provide stability, though supply risks and competition from larger players could hinder growth.

Domestic law requires exporting group to list shares following its switch to a limited liability company in 2022 ...

Shell plc finalised the sale of its Singapore refinery and associated refining assets to a joint venture formed by Chandra ...

TG Natural Resources, owned by Tokyo Gas Co. and Castleton Commodities International, is acquiring a 70% stake in the East Texas gas assets of Chevron U.S.A.

Troops of the Nigerian Army have arrested 39 suspected oil thieves and dismantled 18 illegal refining sites in a continued crackdown against crude oil theft (COT) and related crimes in the Niger Delta ...

The national president of the Petroleum Retailers Outlets Owners Association of Nigeria, Billy Gillis-Harry, in this ...